Global Investors Turning Buyers of Indian Stocks is Bullish Sign
Global investors are on course to be purchasers of Indian equities for the first quarter in three, flashing a possible positive indicator of continued inflow.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
32 minutes ago
- New York Post
Jaguar sales plummet after botched rebrand, EV pivot
Jaguar sales in Europe plunged a shocking 97.5% following a botched rebrand that included a commercial featuring men in skirts to announce its upcoming pivot toward an all-electric fleet — but the cars have yet to arrive at dealerships. The luxury British automaker registered just 49 vehicles in Europe in April, compared with 1,961 vehicles in the same month last year, according to data from the European Automobile Manfucaturers' Association. Sales between January and April plummeted 75.1%, with just 2,665 cars sold across the continent. \The stunning decline comes after Jaguar rolled out a controversial ad last November that featured non-binary models wearing a rainbow of colors with slogans like 'Copy Nothing' and 'Live Vivid' — but exluded any images of its sleek sports cars as it touted its transition to a fully electrical, ultra-luxury company. 3 Jaguar The uproar over the 'woke' ads was likened to Bud Light's bizarre 2023 partnership with transgender influencer Dylan Mulvaney, which led to a boycott of America's best-selling beer and severely damaged the brand. However, the collapse in sales can mostly be attributed to the delay in releasing its flagship model, a four-door GT. The EV, expected to cost around $200,000 won't be out until late 2025, according to India-based The Economic Times. Making matters worse is that the company has effectively 'gone dormant' this year as it phased out all of its gas and diesel-powered models ahead, leaving dealerships empty, Bloomberg reported. 3 Rawdon Glover, the UK Md of Jaguar Land Rover, defended the campaign last year, claiming its message had been lost 'in a blaze of intolerance.' Jaguar The rest of its EVs, which were a lightning rod for President Trump during his 2024 election campaign, are set to go on sale by next summer at the earliest, according to Bloomberg The Post reached out to Jaguar for comment. Jaguar's EV pivot and ad campaign was seemingly intended to attract younger customers, but it instead drew sharp criticism from industry experts, dealers, and longtime fans as the iconic company failed to halt a slide in sales. 3 The campaign was likened to the 2023 Bud Light rebrand with a trans influencer. Anheuser-Busch The automaker sold just over 180,000 units worldwide in 2018, but that figure shrank to just under 27,000 last year. Jaguar was once owned by Ford, but the Detroit-based firm sold the brand and its sister company, Land Rover, to India's Tata Motors in 2008 for $2.3 billion. Ford bought Jaguar for $2.5 billion in 1989, but it never made a profit. It later acquired SUV manufacturer Land Rover for $2.7 billion in 2000.
Yahoo
an hour ago
- Yahoo
Musk Retakes the Reins of Tesla Sales
Tesla CEO Elon Musk has assumed oversight of sales in Europe and the US. Bloomberg's Craig Trudell explains what's behind the move and the impact of Musk's tension with President Donald Trump. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Yahoo
an hour ago
- Yahoo
Buffett's Latest Donations Push Total Giving Over $60B—Bigger Than Many Countries' GDP
Warren Buffett's recent donation of $6 billion worth of Berkshire Hathaway shares to five charities brings his total giving to more than $60 billion. That's greater than the gross domestic product of over half of the world's countries. Buffett, 94, has said he will step down from his role as Berkshire's CEO at the end of the Buffett's recent donation of $6 billion worth of Berkshire Hathaway (BRK.A, BRK.B) shares to the Gates Foundation and four other charities brings the Oracle of Omaha's total giving to more than $60 billion. That's greater than the gross domestic product of over half of the world's countries, according to World Bank data. A net worth of $60 billion would make someone the twenty-sixth richest person in the world, not very far behind Buffett himself, who is the world's eighth-richest, according to the Bloomberg Billionaires Index. Buffett, 94, converted 8,239 Berkshire Hathaway Class A shares into over 12.3 million Berkshire Class B shares, which were donated Monday. The Bill & Melinda Gates Foundation Trust will receive more than 9.4 million shares, with the remainder going to the Susan Thompson Buffett Foundation, the Sherwood Foundation, the Howard G. Buffett Foundation, and the NoVo Foundation. Buffett, who announced he will step down from his role as Berkshire's CEO at the end of the year, now owns 198,117 Class A shares and 1,144 Class B shares, worth roughly $145 billion. "Nothing extraordinary has occurred at Berkshire; a very long runway, simple and generally sound decisions, the American tailwind and compounding effects produced my current wealth," said Buffett in a release. Read the original article on Investopedia
